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November 17, 2011

Escala

The team marketing condos at Escala in downtown Seattle say more than 51 percent of the units have been sold so it has received full FannieMae approval, which will reduce down payments from 30 percent to 5 percent. It also increases lending options and access to lower interest rates. Rennie Marketing Systems is marketing the 269-unit project, and TeamBuilder John L. Scott is handling sales. Lexas Cos. and RREEF Global Opportunity Fund own the 30-story tower.




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